Short Interest in Swiss Re Ltd. (OTCMKTS:SSREY) Increases By 2,778.1%

Swiss Re Ltd. (OTCMKTS:SSREY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,842 shares, a growth of 2,778.1% from the December 15th total of 64 shares. Based on an average trading volume of 92,673 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 92,673 shares, the short-interest ratio is currently 0.0 days.

Swiss Re Trading Down 0.3%

SSREY stock opened at $39.65 on Tuesday. The firm has a 50 day moving average of $42.69 and a 200-day moving average of $44.47. Swiss Re has a 12-month low of $35.39 and a 12-month high of $48.62.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SSREY. Berenberg Bank lowered shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Royal Bank Of Canada reiterated an “underperform” rating on shares of Swiss Re in a research report on Monday, December 8th. Oddo Bhf downgraded Swiss Re to a “neutral” rating in a research note on Tuesday, December 9th. UBS Group downgraded Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Finally, DZ Bank raised Swiss Re from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Swiss Re presently has a consensus rating of “Reduce”.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.